Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Category Archives: Solana (SOL)
In a recent tweet, Michael J. Kramer, a noted market strategist, has expressed concerns over Bitcoin’s possible price breakdown. Kramer underscored Bitcoin as a key leading indicator for risk assets in general and predicted a potential slide below the $20,000 mark, which he believes would carry negative implications for the stock market. Image by @MichaelMOTTCM […]
Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Data from blockchain analytics firm IntoTheBlock reveals a significant accumulation of Cardano’s native ADA token among large holders. With recent spikes in net flows of more than 1,500% in the past 30 days, the finding suggests ADA whales are actively bolstering their holdings. Moreover, the most engaged group of users on the Cardano network is involved […]
Here are the top four news stories over the past weekend presented to you by U.Today, check them out! “Huge”: SEC emails suggest XRP is not security Pro-Ripple lawyer John Deaton has recently found references to SEC emails in the footnotes of Ripple’s opposition and reply briefs. According to them, there are reasonable grounds to […]
According to a new report by CoinShares, cryptocurrency investment products have experienced a total of $32 million in outflows, marking the fifth consecutive week of such withdrawals. The accumulation of these withdrawals represents a significant sum of $232 million, making up 0.7% of the total assets currently under management. Most strikingly, Bitcoin, the flagship cryptocurrency, […]
Glassnode co-founder Yann Allemann has indicated that Bitcoin might be ready to rally. In a tweet, Allemann highlighted that Bitcoin’s shorts have been exhausted after failing multiple attempts to break below the 200-day simple moving average (SMA), a trendline considered a significant support level. Image by @Negentropic Moreover, the bullish crossover of the 50-day SMA over the 200-day […]
In an exciting development for the cryptocurrency market, the Hong Kong Securities and Futures Commission (SFC) announced today that licensed platforms will soon be able to serve retail investors. The regulatory ruling is set to take effect on June 1, 2023, opening up new investment opportunities for Hong Kong residents. Related One intriguing aspect of […]
According to a report by intelligence portal Santiment, top digital assets like XRP, BTC or Cardano (ADA) are experiencing their lowest combined trading volume in over a year. This decline in trading activity is particularly noticeable among altcoins, which have seen a significant decrease in their trading volume. The report highlights that even when considering […]
Cardano, a popular blockchain platform, has made a remarkable leap to the top 10 decentralized exchanges by trading volume. BSC and Ethereum are in first and second places, respectively. This surge has been largely driven by Minswap, a community-focused decentralized exchange (DEX) built natively on Cardano, which experienced a record-breaking day yesterday. Minswap reportedly hit […]